News & Views

Alibaba affiliate, Ant Group’s (Ant’s) listing could turn out to be the biggest initial public offering (IPO) in history as it chases a valuation that would rival the world’s biggest payment firms.

“Safety isn’t expensive, it’s priceless.” – Author Unknown. Megan Veldman, HR at Moore Johannesburg looks at Occupational Health and Safety measures in certain workplaces.

The share buy-back has long been an effective manner to consolidate ownership within a company. A share buy-back in many instances is also attractive from a tax perspective because it is considered a dividend and thus does not give rise to a capital gains event.

Share buy-backs are governed by Section 48 of the Companies Act 71 of 2008 (“the Act”), which allows the Board of Directors (the “Board”) of a company to determine that the company will acquire its own shares, subject to a solvency and liquidity test. Matthew Delaney Legal Consultant at Resolve Corporate Services takes a closer look.

Gender-based violence (GBV) is a profound and widespread problem in South Africa, impacting on almost every aspect of life. GBV (which disproportionately affects women and girls) is systemic, and deeply entrenched in institutions, cultures and traditions in South Africa. Karen Botha Wright delves into this subject a bit deeper.

The Moore Advisory Johannesburg team has partnered many entrepreneurs through the sale of their businesses. Based on this experience, the team have put together a six-part series of articles with advice on understanding the sales process. In part 3, they talk to you about who are you going to sell to?

In a rapidly changing business environment, businesses are constantly forecasting what the future may hold, whether strategically, operationally or when accounting for transactions, assets and liabilities in their accounting records. In accounting terms, we call those forecasts accounting estimates.

We are pleased to introduce Moore Debt Advisory, the most recent addition to Moore Johannesburg’s advisory offering. We aim to be a leading South African independent debt advisory firm within the Moore Global network, offering specialist debt advisory and debt raising services alongside and in partnership with our existing South African corporate finance advisory offering.

Known for its electric vehicles, expectations are that Tesla’s energy storage business segment has enormous growth potential. It is estimated that this segment’s revenue contribution could jump from FY19’s $1.5bn to an impressive $12.4bn by FY23, crossing the $200bn revenue mark by FY33.

Financial fraud is a major contributor to the widespread poverty plaguing South Africa. From SAA being looted - leading to job losses - to fraud and corruption in the management of SASSA grants, it seems that the poorest of the poor are always the unwilling losers. But whose responsibility is it to prevent and detect fraud? Sindy Pretorius looks into this.

The Moore Advisory Johannesburg team has partnered many entrepreneurs through the sale of their businesses. Based on this experience, the team has put together a six-part series of articles with advice on understanding the sales process. In part two, they talk to you about managing the ups and downs of the sales process.

October is ethics month and the question at the top of our minds this month is, “Is it possible for a person of questionable morals or ethics to do ethical business or lead a good company?” For the record, we believe that the answer is a firm “no”, but that the question warrants discussion. Tarryn Wright and Anusha Ramraj delve a bit deeper into this topic.

Apple has officially become the first US listed company to reach the $2trn market cap milestone. In this article, Marco de Matos gives a brief overview of Apple’s meteoric rise to the $2trn behemoth the company is today.

With the change in modus operandi for companies during these turbulent times, we look at Global Talent and how to acquire this locally. Megan Veldman, Moore Johannesburg, Human Resources Manager, takes a closer look.
 

Most organisations are currently looking at their internal resources and cost effectiveness in these turbulent times. Presumably, one of their conundrums will be whether or not to retain the internal audit function. Louw van der Merwe, Director of Moore Risk Services, takes a closer look.

South Africa's Protection of Personal Information Act of 2013 (POPIA), came into effect on 1 July 2020. Pike Law Attorneys in association with Moore CT Forensics take a closer look.

The Moore Advisory Johannesburg team has partnered many entrepreneurs through the sale of their businesses. Based on this experience, the team has put together a six-part series of articles with advice on understanding the sales process. In part 1, it asks: Is your business ready to sell?
 

During the course of the past few days, significant developments have taken place with respect to the UIF Temporary Employee/Employer Relief Scheme (“TERS”) as well as the Lockdown regulations.

Anél Jacobs, our L&D lead, brings us ten books by women to read this women’s month, covering everything from the power of passion and perseverance, to the gift of radical candour. Charge up your bookstand or kindle and be inspired.

In celebration of Women’s month, Moore Johannesburg Director, and mom, Candice Whitefield, looks at the increased challenges women are dealing with as a result of COVID-19, and shares some of her tips for creating balance.

The corporate governance principles contained in the King IV (King Code) are in general voluntary. However, from 31 December 2020, organisations will be compelled to disclose additional information regarding corporate governance practices in their annual reports. Henco Beukes of Moore Johannesburg, takes a closer look.